The paper investigates the peculiarities of the models of economic development of Georgia and Russia. Taking into … has been shown that both in Georgia and Russia, essentially identical consumer models of development of poor countries …

negation of competition in a command economy. It has been shown that both in Georgia and Russia, essentially identical consumer …

for the future. The study starts with a much discussed question: why Russia did worse economically during transition than … trajectories ; Russia ; China …

The paper reports on multiplier analysis of comparable Social Accounting Matrices for Russia and China. The benchmark … decades. Growth multipliers in China are found to be higher than in Russia, reflecting more intensive and relatively equally … spread circular flow interactions. Income multipliers are found to be less regressive in China than in Russia, which reflect …

divergence in democracy and political rights is 4 to 5 times larger than the divergence in the path toward economic freedom and … ease of doing business. Democracy is not harder to predict than economic freedom — history and ethnicity predict it well …

religious and imperial history on economic evolution. As a result, the divergence in democracy and political rights is 4 to 5 … times larger than the divergence in the path towards economic freedom and ease of doing business. Democracy is not harder to …